1921-04-26 — Page 1

EDISON

LAMPS

FROM ELECTRICAL DEALERS A

The

Hongkong Telegraph.

FOUNDED 1881

No. 12,005

弍拜禮 號六月四英港香 TUESDAY, APRIL 26, 1921.

日九十月三

BINGU DOPY: 10 OTA

53 PER ANKUM.

CROWN PRINCE AT MALTA.

Velama.

+

THE HOME BUDGET.

NO NEW TAXATION.

Big Reductions in National Debt.

(Reuter's Service. )-

THE COAL STRIKE.

Offer by Owners.

(Reuter's Service,)

Honouring the Japanese Dead..

(Rentar's Service.)

Malta, April 25.

KOWLOON

TIGER

KILLED.

Turns out to be a Wolf!

was," the

the

After being described succes London, April 25,

as a bear, a lion, There was a most impressive ceremony at the Naval Cemetery ivaly The conference between the chalowners, the miners, and the

The Official at Bight this morning, when the Crown Japanese Prince visited the an elephant, a kangaroo, and a Government has been adjourned till 3 p.m. to-morrow. report states that the conference considered a statement of the graves of the Japanese interred there during the war, accompanied "beast that never coalowner. This makes proposals for a durable settlemont. Firstly, by Admirals de Robeck, Webb, Barttelot, and Shand, also by Prince Kewioon "ilger" has, following Тув a lone wolf. Ho wages shall depend upon ability to pay; coalfields are to be divided Kanin and Baron Chinda. At the entrated to the cemetery was an untimely death, turned out into agreed areas. Secondly, there shall be standard wages and a guard of honour composed of the Army, Navy, and Air Force. The to London, April 25.

Wages shall be the first charge on industry, Crown Prince and Prince Kanin first laid three wreaths one on was last seen prowling about standard profits,

of the Emperor. ano on behalf of the Japan-in the vicinity of the Chun Lung The outstanding points in the Budget statement, introduced by Surplus revenue of the area shall be divided between owners and bobalf Ma Chamberlain in the House of Commons this afternoon, were no

minors. Proposals for temporary settlement are that for three ce nation, at the foot of the memorial in honour of the village, his preference for suc- aditional taxation, the removal of the additional taxes on sparkling wines and cigars imposed last year, which it was found restricted months, wage reductions in each area shall be uniform, not exceeding Japanese lost during the war after which his Imperial Highness culent pigs bringing about hig consumption. Legislation is being introduced to terminate the the amount fixed by the Government, owners and miners for each stood and paid his respects to the glorious dead. Then the Japanese downfall. With one accord, the Excess Profits Tax. Despite the changed conditions the real sed month. The owners shall receive no part of the surplus revenue of ratings were drawn up and likewise paid homage to the dead. A villagers, who had witnessed surplus of £231,500,000 was only £370,000 under last year's estimates. any area if the effect is to reduce wages in a previous month, nor Japaneso staff officer read the Japanese funeral service. Admiral with great mortification

The Govorn-well tonded at the hands of British comrades. Later the party herde, rose in arms against the The Foreign Debt was reduced by £117,000,000, including the United shall they take standard profits, wholly or partially, if the result is de Robeck assured the Crown Prince that the Japaness graves wore havoc he created amongst their States by £75,000,000, The reduction in the past two years had been to reduce wages by more than the maximum fixed. £203,000,000 and Mr. Chamberlain anticipated a further reduction of ment shall, where necessary, make such contribution to any area as returned aboard, after which the Crown Prince visited St. John's invader, and slew him, amidst

acclaimed by the crowds.

wolf proved to be a fine animal, weighing some thirty catties. £103,000,000 in the ensuing year. It is estimated that the surplus will prevent the reduction exceeding the maximum fixed for that Church. Wherever bis Imperial Highness he goes, is respectfully jubilant cries of "hai-yah." The

Brilliant Function at San Antonio Palace.

There are, howover, still those et revenue over expenditure during the forthcoming year will be month.

Railwaymen not to Handle Coal from Sidings or

Malta, April 26. £84,000,000,

from Overseas.

who think that this is not the London, April 25.

General Plumer's At Home in the San Antonio Palace was In introducing the Budget Mr. Chamberlain said that the past

Kowloon "tiger," it being pointed year was an of the most rotnarkable in our financial history. Trade

It is officially announced that the Executive of the National brilliant affair. It was favoured by ideal weather, for which Malta out that Chun Lung is quite a was prosperts and the prospect rosy when last year's budget was framed: then a deep depression suddenly descended in the Autumn. f Union of Railwaymen has instructed its members not to move coal spring is famous, and the company, comprising the effe of the island,tong distance from Hok Un, Nevertheless, his estimate of revenue of £1,418,300,000 had been from colliery sidings pending a settlement of the miners' dispute, and the Gardens, which are one of the beauty-spots of the island, in where the strange abiinal was

gorgeous array of variegated flowers, presented a striking picture of life and colour.. The Prince, who was manifestly delighted, stayed exceeded by £6,500,000, and the realised surplus was £230,530,000, also not to handle coal from overseas.

THE REPARATIONS PROBLEM.

CHINESE ENVOY IN EUROPE.

University of Paris Honours French President.

London, April 25.

Jast seed.

CHILD MURDERED.

Father Said to Have Committed Act.

Trouble over non-Handling order. In the coural a via what the revenue, he said that the Corporation

till the end of the evening. H.I.H. is giving a state dinner aboard London. April 26. Tax was disapponitas, os ing to the difficulty of putting it in oper- ation, but he thought it wound justity itself. It ind produced only

While it is generally opined that there is now a glimmer of the Kalori. Prince George will be among the guests. £650.000 instead of £3,000,000; £259.500,000 had been applied to debt hope of a settlement of the coal strike owing to the new terms of the reduction in the past year, the internal debt being reduced by £128,- 000,000 and the floating debt by 137,000,000. The foreign debt owners, the official order to railwaymen not to handle coal is a most had been reduced by £117,000,000 to £1,161,500,000 on March 31st.disturbing devolopment, for six men obeying the order at Notting- We had paid off in the United States in the past twelvemonths ham have boon suspended and a sympathetic strike of others is

Feared. nearly £75,000,000 and in Canada £20,000,000. We had paid off our debt to Japan, Spain, Argentine Uruguay and Holland. Except

The presentation of the Doctorate of the University of Paris to

An atrocious murder is reported for the comparatively small diebr we owed the Allies, who, however were far more largely indebted to us, and a generous loan of £8,000.000

with great ceremony. About two thousand were present, including which is in the Un Long district, made to us by the Strait Settlements and Mauritius-(Cheers) our Britain to Support French Measures if no Satisfactory Proposal. Chu Chil-chen, on behalf of the President of China, was conducted from the village of Tung Tan,

ex-President Poincare, Marshal Joffre, General Fayolle, M. Painleve, New Territories. only debt outside the United States and Canada was £8,260,000

London, April 25.

On the morning of the 23rd which would he paid to Sweden on maturity in the summer.

In the House of Commons Mr. Lloyd George stated that follow-and Cardinal Dubois. M. Millerand was specially represented. Arrangements had been male with Canadian bankers to pay off the balance of $135,000,000 owing, in monthly instalments ending April.ing informal conversations at Lympne M. Briand promised tuft in the Speecbes were delivered by the Rector of the University, Chu Chili-instant, the report was circulated We have performed the immense achievement, which no course of a few days he would supply the British Government with chen, M. Painleve and members of the French Institute and of the that a small girl, four years of other belligerent country had even attempted, of reducing our further detailed information as to the nature of the French plans Academy.

Chu Chih-chen arrives in London on the 30th inst, and willage, was missing from the house one of the villagers. A search was at once carried out, leading The and proposals. When received, the Cabinet will consider the whole dult external

By £204,900,000 in

years. total

to the discovery of remains of estimated

for ordinary expenditure

1921-22 subject and instruct delegates to represent the Cabinet at the con- present the King with an autograph letter from the President.

Impressive Ceremony at the Sorbonne.

the child in a post. In- was £974,000,000, and the revenue, after dropping the Excess ference on April 5. Mr. Lloyd George declared that if the further

Paris. April 25. Profits tax and with two small changes, was estimated to be German proposals were unsatisfactory, the British Government

br A number of French and foreign notabilities of the political vestigations subsequently carriad the Police secured 21.058.000. A substantial proportion of the balance must be kept in would support France at the forthcoming conference in proposals for If further coercive hand to meet liabilities arising from the conl strike losses. Any the occupation of the Westphalian coalfields, receipts in respwet of reparations would he applied to debt reluction measures were contemplated they would be communicated to the and literary worlds, including Marshal Puyolle, ex-Premier out

faculties, gathered in the Aula at the Sorbonne for the solemn taken out during the night and, It was estimated there was a possibility to redeem the debt from House before action was taken. Mr. Lloyd George added that he Painleve, and most of the professors of the Law and Philology the information that the girl was

might have further information on Thursday. the ensuing year's surplus by £103,000,000."

Paris, April 25. presentation to the Chinese Envoy. Chu Chi-chon, of the Diploma after having heen murdered with M. Loona chopper, her body was dumped awarded to the Chinese President by Paris University.

at the back of the neck. The Berard, Minister of Public Education, gava a dinner in honour of into the pool. A big gash showed alleged perpetrator of this inurder is the girl's father, who has been Chu Chi-chen-Havas,

arrested by the Police and will shortly be charged at the Police Court.

Mr. Chamberlain said there would be no further reduction in

In consequence of Germany's refusal to transfer the Roichsbank taxation during the enrrent year, but there would be a couple of adjustments. Ilo admitted he was wrong last year regarding the reserves to Cologne or Cablones, the Reparations Commission has effect of increased duties on champagne and cigars. That was demanded that a milliard gold marks bo landed over to them at the partly, however, due to trade depression. There would be a new Banque de France by the 30th inst. The Commission expresses fixed duty on sparkling wines at 15s, per gallon, instead of the 7s. disinclination to discuss the relations between the imperial (German) fixed and an ad valorem charge of 3313 per cent. He anticipated a Government and the Reichsbank, but is convinced that if the former small increase in revenue therefrom. The ad valorem duty on had goodwill it has every means of complying with the Commission's cigars would be abandoned. It was expacted to collect £150,000,000 demand, Arrears in Excess Profits this year, and a smaller sum next. £300,000,000 of debt have been dealt with and it would be necessary to re-borrow the difference between that and the sum available for

жан timo debt redemption. The present

LONDON DERBY'S VISIT TO IRELAND.

Situation Depressing, but will Try Again.

London, April 26.

New German Offer Delivered.

Paris, April 25. Havas representative in Berlin bears on the best authority that unfavourable for the new German offers were banded tn-night to the American 3. an attempt to fund the floating debt but the time had come when representative.

a serious effort shonld be made to secure the conversion of some National War Bonds maturing not later than 1925 inle longer dated ANZAC ANNIVERSARY SPEECH BY MR. CHURCHILL. the results to Mr. Lloyd George. He intended paying a further securities. Prospectuses were being issued that night offering Nation-

al War band-holders a new three and-a-half per cent. Conversion

Economic Difficulties due to Error over the Dardanelles. Loan, redeemable at par in 1961, the rates to vary according to the different classes of Bonds, of whien £100 would be exchangeable at

London, April 25. from £163 to £160 according to the date of maturity. The total

Speaking at the London Australasians' celebration of the sixth amonat of the Bonds outstanding, to which the offer applied, was £632,000,000 and if all were converted, the resulting figure would aniversary of the Anzac landing at Gallipoli, Mr. Winston Churchill Just exevod £1,000,000,000. This loan was a necessary preliminary male an interesting reference to the forthcoming Dominions Con- Bo funding the floating debt. The new conversion loan ever fortyference, which he described as "the first meeting in peace time of Imperial Cabinet." The Empire had to find a way out of the years represents a return of between 114%, and 112s, per cent.

EARLIER

Lord Derby, in an amended denial with regard to his visit to Ireland, admitted in a speech at Liverpool that he went with the Premier's cognisance. He obtained interviews with a number of SPECIAL TELEGRAMS. personages in Ireland on the understanding that he communicated visit to Ireland, but admitted that he was, depressed with the situation there. Lord Derby wont incognito in order to avoid Prossmen

U.S. TO LIMIT PATENTS TO FOREIGNERS.

From Our Own Correspondents.) SINGAPORE SEDITION

CASE.

Singapore. April 25. At a special assizes the Attorney

the General withdrew charges Ordnance Patents Obtained by Krupp's.

against sixteen Indians of import- Washington, April 25.' ing seditious literature. He said The War Secretary, Mr. Weeks, has asked Congress to legislate arrangements were being made to Mr. Chamberlain, comeluding and reviewing the treasure difficulties into which we were plunged by the chaos of war, re- programme of the past two years, said the foundation was laid for a establish prosperous conditions of trade throughout the Empire, and limiting the grant of patents to foreigners. He said that two send them to India. Meanwhile

weeks ago ยย steady recovery, when industrialisputes were settled and trade carry forward the sense of co-operation which grew up during the hundred and one ordnance patents had been obtained by Germans they would remain in custody,

Britain had taken the utmost pains to place before her could again revive. We had wiped off a large part of our foreign war..

America. debt, had restored international crodit and had made it clear to overseas colleagues information regarding the subjects for discussion since January 1, all of which have been transferred to Krupp's at The accused were arrested several doubters that we could and should continue to hold the prout and to receive from the latter suggestions for additional topics. Mr.

Churchill looked forward to a successful conference, position of the premier financial centre of the world.--(Cheere).

The alterations as regards the sparkling wines and eigars operute from May 10th.

Some Criticisms.

London, April 25,

generous

terms

Essen.

U.S. TO END STATE OF WAR WITH GERMANY,

Senate Committee Supports Resolution.

Washington, April 25,

Mr. Churchill proceeded to justify the Gallipoli expedition, citing a German statement of 1915 that if the Dardanelles wer forced the war would be decided against Germany. Mr. Churchill maintained that instead of fighting the hopeloss and disastrous

The Senate Foreign Affairs Committee has reported favourably! City circles are of opinion that the most sensational feature of battles of Loos and Champagne, half of the reinforcements and of shells necessary for same would have overwhelmed Turkey. He an otherwise colourless budget is the the new Loan, the object of which is to wipe out £632,000,000 considered that all the present evils, the downfall of Russia, chaos in upon the Knox resolution to declare a state of war with Germany of National War Bonds maturing from now to 1925. The new loan the East, the exhaustion of economic resources, the almost fatal ended. becomes a permanent loan similar to Consols, but the terms will embarrassment of the financial position, flowed from the prolonga- rause the envy of holders of Consols. It is hoped that by securing tion of the struggle, due to failure at the Dardanelles, which he

Critics of the ascribed to errors and divided counsels in London. cheaper money industry will be given a big stimulus. Government however, declare that the budget is a necessary evil, and that it puts the majority of Farliamentarians into "Doldrums." Mr. J. M. Hague says that the budget is the calm before the storm, which will be upon us between 1922 and 1929 when the war debt maturitiis must be faced

AMERICA'S GLORIOUS DEAD.

Conveyance of Bodies from Verdun.

Liege, April 25.

After the Budget speech, member followed member in declaring anything like that the country could not this year. raiss

Moving scenes marked the passing through here of boats hear- £1,000,000,000, and that, farther, if the estimates of revoune

the net reault will be to intensify the ing the bodies of 96 Americans who fell at St. Mihiel, and who are were realised, enconanrio depression, increasing the legions of unemployed. being transported along the river from Verdun to Antwerp for The Times asks where are the drastic reductions in expenditure, conveyance to America. Troops rendered military honours as the It recalls the Premior's cataclysmal letter to Ministers on August 20 boats, covered with flowers, moved to the quay where they were 1919, ordering them to reduce expenditure or to make room for those awaited by leading officiale and delegations of ex-Service mon. After sympathetic speeches to the officers accompanying the convoy, who can. It declares that that is the public tompor to-day.

wreaths were laid on the coffine and the boats resumed their fourney, Cavalry accompanying them along the river bank. Largo crowds on both sides uncovered as the solumn procession wanded its way.

THE QUEEN RECEIVES ASIATIC GUESTS,

NEW POSTMASTER-GENERAL'S SUCCESS AT BY-

ELECTION.

London, April 25. The Bedford by-election resulted as follows: Kellaway (Ca Liberal-the Postmaster-Genoral), 14,397; Riley (Labour), 9,731.

London, April 25. Her Majesty the Queen received the Siamese Minister, Mr. Naverasth, and Mr. and Mrs. Wellington Koo.

steamer from

News in To-day's New Advertisements.

Ou Thersday Messrs. Lammert gunnies at the Kowloon Godowns. New York. April 25. -Page 4. AMERICAN MARINE ENGINEERS THREATEN STRIKE. Bros. are selling a quantity of The Honolulu Maru has arrived A great strike of marino engineers and allied workers is threatened for May 1. Trade union circles state that British from New York and consignees engineers bave deferred negotiating with the employers until April are given the usual notice on 29 in order to await the outcome of the situation in America.

ANGLO-JAPANESE TREATY.

Dominions Premiers' Conference to Discuss Renewal. Ottawa, April 26. The Premier announced that the Dominions Prime Ministers' Conference in London in June would discuss the question of the renewal of the Anglo-Japanese Treaty.

TYROL PLEBISCITE FAVOURS GERMANY.

Vienna, April 25. An Innsbruck telegram shows the results so far of the plebiscita in the Tyrol, where eighty thousand voted in favour of union with Germany and twelve hundred against,

(Other Telegrams on Page 7.)